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Real Trading

  • #8,741
  • Feb 3, 2022 7:48am Feb 3, 2022 7:48am
Quoting genadi
{quote} how do you know that he trades with $$$? it can be his national currency, not USD.

Well thats true. But who would want to trade in his local currencies when you have available the GBP, USD, CAD, Kuwaiti Dinar!!!??
Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #8,742
  • Feb 3, 2022 7:52am Feb 3, 2022 7:52am
Quoting pipibrasci
{quote} My TP- 2.0398. H4 {image}
Done. 118+ @ 0.236 fib

Medium - Long term in play.
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #8,743
  • Feb 3, 2022 7:53am Feb 3, 2022 7:53am
Quoting pipibrasci
{quote} Well thats true. But who would want to trade in his local currencies when you have available the GBP, USD, CAD, Kuwaiti Dinar!!!??
I want! it trade with EUR

  • #8,744
  • Feb 3, 2022 7:55am Feb 3, 2022 7:55am
Quoting genadi
{quote} I want! it trade with EUR
I missed that (EUR), apologies!
Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #8,745
  • Feb 3, 2022 8:07am Feb 3, 2022 8:07am
I am buying Gold here


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  • #8,746
  • Feb 3, 2022 8:12am Feb 3, 2022 8:12am
Quoting pipibrasci
{quote} The exact pair to trade this time. NZD super strong! 99pips + counting. {image}
GBPNZD

2.0348 next.
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #8,747
  • Feb 3, 2022 8:14am Feb 3, 2022 8:14am
Quoting Pat Chiko
WHAT DO WE FOCUS IN TRADING ? You guys are focusing on the wrong things. Your focus shouldn't be on how much money you're making per trade, or how much money you need for this or that, how long till you double your account, etc. Your focus should be on trading, and only trading. Making good trades should be your primary goal. Once you've mastered that, then making money will be easy. Use the smallest margin you can, and trade in micro lots, especially when you've only got a few hundred in your account. Newbies should trade on the daily chart. Make...
well said.

I might add, trust your system(after perfecting) so you can remove the "fear factor" when using bigger position size in the future.

cheers,
"the public is not yet ready for it" W.D. GANN
  • #8,748
  • Feb 3, 2022 8:15am Feb 3, 2022 8:15am
Quoting MzansiObi
{quote} Trailing. Have closed Half. TP 1 @ PDH Will keep tracking PA
Thinking out loud.

Price trading inside some murky waters now, D1 close above 1.13702 will look to load more longs and look for the next line in the sand.
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4&1 All Time Profit: $37,496
  • #8,749
  • Feb 3, 2022 8:46am Feb 3, 2022 8:46am
Gu should pass previous 4 hour high
  • #8,750
  • Feb 3, 2022 8:57am Feb 3, 2022 8:57am
Quoting SkullCandy
{quote} Closed in sl. Added short 1805 with 70 sl and 100 tp
Closed full Tp .
Gu closed at be.
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #8,751
  • Feb 3, 2022 9:00am Feb 3, 2022 9:00am
Quoting Houtbay
Gu should pass previous 4 hour high
Help me understand what you base that prediction upon. I don't disagree, I just want to understand the basis of your assumption.

Thanks
Tall tails tell tales.
  • #8,752
  • Feb 3, 2022 9:01am Feb 3, 2022 9:01am
nasdaq short.
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  • #8,753
  • Feb 3, 2022 9:02am Feb 3, 2022 9:02am
Trend is upwards for Gu. So with trends the highs or lows get taken out.
  • #8,754
  • Feb 3, 2022 9:05am Feb 3, 2022 9:05am
Quoting MzansiObi
{quote} Thinking out loud. Price trading inside some murky waters now, D1 close above 1.13702 will look to load more longs and look for the next line in the sand. {image} {image}
Sorry I am responding to your earlier quote a bit late. I had a patient to see. So, yes, a D1 close above 1370 is scary for bears. I personally believe EU is no longer in a downtrend at least until the Fed actually raise rates. Look at the weekly chart. It is like we may get a bullish engulfing candle. Hmm...

However, today's rise was on hot air. 140 pips on a very, very dovish Lagarde and her always-the-same monetary policy. It was just a liquidity grab. I also don't think it will close above 1.1370.
  • #8,755
  • Feb 3, 2022 9:15am Feb 3, 2022 9:15am
Quoting Seysin32
{quote} This level has become weak after the buys closed in this area (see the beginning of the arrow, Jan 18), but it may still be attractive to the crowd. I note that it is empty - you should not count on it seriously.
Sey, thanks I copied that

--- Cheers
Daddy, Brother, Lover, Little Boy
  • #8,756
  • Feb 3, 2022 11:00am Feb 3, 2022 11:00am
Quoting Pat Chiko
WHAT DO WE FOCUS IN TRADING ? You guys are focusing on the wrong things. Your focus shouldn't be on how much money you're making per trade, or how much money you need for this or that, how long till you double your account, etc. Your focus should be on trading, and only trading. Making good trades should be your primary goal. Once you've mastered that, then making money will be easy. Use the smallest margin you can, and trade in micro lots, especially when you've only got a few hundred in your account. Newbies should trade on the daily chart. Make...
Nobody has a Wii any more, get with the times Pat
  • #8,757
  • Feb 3, 2022 11:05am Feb 3, 2022 11:05am
Quoting Waveskierrob
Still underwater with 6 x SHORT BE 1.3478 , would be nice to get there before weekend , if not will carry on next week, no biggie
These GU SHORTS of mine are like a big fish and i'm using a thin line but patience will win in the end always does
  • #8,758
  • Feb 3, 2022 11:29am Feb 3, 2022 11:29am
You should have cashed out yesterday when there was a retracement. Greed tends to lock us into a decision.
  • #8,759
  • Feb 3, 2022 11:30am Feb 3, 2022 11:30am
The first loss is generally the cheapest loss.
  • #8,760
  • Feb 3, 2022 11:37am Feb 3, 2022 11:37am
Quoting Houtbay
You should have cashed out yesterday when there was a retracement. Greed tends to lock us into a decision.
Greed is why we trade...surely
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